Crane Co·4

Feb 10, 4:49 PM ET

Feldman Jason D. 4

Research Summary

AI-generated summary

Updated

Crane SVP Jason Feldman Receives RSUs, Sells Shares for Taxes

What Happened
Jason D. Feldman, Senior Vice President, Investor Relations, Treasury & Tax at Crane Co (CR), had 1,222 restricted share units (RSUs) vest on Feb 6–7, 2026. The RSUs converted one-for-one into 1,222 shares (reported as derivative exercises at $0). To cover tax obligations, 343 shares (valued at $64,409) were surrendered/withheld on Feb 6 and 325 shares (valued at $63,772) were surrendered/withheld on Feb 7 — a total of 668 shares and about $128,181. These transactions are routine tax-withholding actions tied to RSU vesting, not open-market investment purchases.

Key Details

  • Transaction dates: Feb 6, 2026 and Feb 7, 2026. Filing date: Feb 10, 2026.
  • Conversions (code M): 602 shares on Feb 6 and 620 shares on Feb 7 converted from RSUs at $0 (one-for-one conversion).
  • Tax withholding/dispositions (code F): 343 shares withheld on Feb 6 at $187.78 each ($64,409) and 325 shares withheld on Feb 7 at $196.22 each ($63,772); total ≈ $128,181.
  • Footnotes: F1/F2 = vesting of previously reported RSUs; F3 = RSUs convert 1-for-1 to common stock; F4 = RSUs vest ratably in four annual installments beginning one year after grant.
  • Shares owned after the transactions: not specified in the supplied filing details.

Context

  • These were RSU vesting conversions, not option purchases — marked as derivative exercises (M) with $0 exercise price because RSUs convert to stock without an exercise payment.
  • The disposals labeled F reflect shares surrendered/withheld to satisfy tax withholding obligations (a common, administrative action), not necessarily a sign of personal selling for investment reasons.